JCOM

J2 Global Inc.

TMT


Presented:05/20/2020
Price:$75.19
Cap:$3.59B
Current Price:$46.37
Cap:$2.07B

Presented

Date05/20/2020
Price$75.19
Market Cap$3.59B
Ent Value$4.61B
P/E Ratio20.98x
Book Value$26.34
Div Yield0.61%
Shares O/S47.71M
Ave Daily Vol625,272
Short Int11.40%

Current

Price$46.37
Market Cap$2.07B
J2 Global, Inc. is a holding company, which engages in the provision of Internet services. The firm operates through the following segments: Fax and Martech, Voice, Backup, Security, and Consumer Privacy and Protection and Digital Media. The company was founded by Jaye Muller and John F. Rieley in December 1995 and is headquartered in Los Angeles, CA.

Publicly traded companies mentioned herein: Facebook Inc (FB), J2 Global Inc (JCOM)

Highlights

The presenter is short shares of JCOM, a company she perceives to trade on its FCF multiple, and which she expects will miss 2021 consensus results. JCOM is a serial acquirer of telecom and technology companies, distributing its services through B2B channels. The presenter anticipates that JCOM’s wide-spanning portfolio of discrete, independent businesses may create operational difficulties, exacerbated by the current environment, and cites data suggesting COVID-19 will have a detrimental impact on the company’s small to medium sized customers, resulting in continued declines in legacy businesses.

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Idea Discussion

Commentor 1 - 2 weeks ago

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